Newark esports company finalizes purchase of Esports Gaming League

Daniel J. Munoz//January 21, 2021//

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The Newark-based Esports Entertainment Group finalized its purchase on Thursday of the Esports Gaming League, the two announced Jan. 21.

EGL provides live and online events and tournaments for games to compete head to head. They have 350,000 registered gamers, and offer such products as “full turnkey esports events, live broadcast production, game launches, and online branded tournaments.”

“EGL technology underpins the esports programs for some of the world’s best-known sports franchises, including the LA Kings, Philadelphia Eagles, and Arsenal Football Club,” EEG Chief Executive Officer Grant Johnson said in a Thursday statement.

“We plan to build on this strong foundation moving forward, driving near-term revenue growth and long-term shareholder value improvement.”

Glen Elliot, the CEO at EGL, said the move would enable the company to grow its client roster and expand its product offerings.

“We have been impressed with Grant’s leadership and vision and are excited to become an integral part of Esports Entertainment Group’s drive to become the industry leader.”